January 31, 2009

Britain"s Rentokil invests 40 mln kroons into Estonia

"Estonia was the first Eastern European country where Rentokil made an investment. This is certainly a positive sign among all these negative emotions caused by the economic decline," said Toomas Trei, the head of Rentokil OÜ, the Estonian subsidiary of Rentokil Initial.

The pest-deterrent enterprise plans to invest nearly 40 million kroons into developing products and services in Estonia in the next five years.

"Rentokil Initial is planning to expand its operations in Estonia and bring to the market a number of new products and services that are targeted to enterprises operating in the sectors of health care, food industry, tourism, hotels and agriculture," said Phillip Wood, the regional director of European of Rentokil Initial.

Rentokil that has its offices in major Estonian cities is providing services to nearly 2,000 customers.